Nvidia Slump Drags S&P and Nasdaq Lower for Second Day
TL;DR Summary
US stocks mostly finished lower on Friday, with the S&P 500 and Nasdaq Composite both losing about 0.2%, as a tech-led rally showed signs of fatigue. Nvidia, which has been a major driver of the AI-fueled rally, fell more than 3% for the second straight day. Investors are also assessing the broader health of the US economy and the potential for interest rate cuts, with key inflation data expected next week.
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